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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. TAS Offshore Bhd's accounts receivables for the quarter that ended in May. 2026 was RM17.5 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
TAS Offshore Bhd's Days Sales Outstanding for the quarter that ended in May. 2026 was 54.12.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. TAS Offshore Bhd's Net-Net Working Capital per share for the quarter that ended in May. 2026 was RM0.14.
1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.
TAS Offshore Bhd's Days Sales Outstanding for the quarter that ended in May. 2026 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), TAS Offshore Bhd's accounts receivable are only considered to be worth 75% of book value:
TAS Offshore Bhd's Net-Net Working Capital Per Share for the quarter that ended in May. 2026 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.
If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.
Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.
TAS Offshore Bhd Accounts Receivable Related Terms
TAS Offshore Bhd Accounts Receivable Historical Data
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The historical data trend for TAS Offshore Bhd's Accounts Receivable can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Accounts Receivable of RM17.5 Mil mean?
TAS Offshore Bhd (XKLS:5149) has a Accounts Receivable of RM17.5 Mil as of May. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on TAS Offshore Bhd and its competitors.
Is TAS Offshore Bhd's Accounts Receivable too high?
TAS Offshore Bhd's current Accounts Receivable is RM17.5 Mil. Overall, TAS Offshore Bhd has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TAS Offshore Bhd's Accounts Receivable compare to SPCX and GE?
TAS Offshore Bhd's Accounts Receivable of RM17.5 Mil can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for an Aerospace & Defense company?
A good Accounts Receivable depends on the Aerospace & Defense industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on TAS Offshore Bhd and its competitors. TAS Offshore Bhd's current Accounts Receivable is RM17.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TAS Offshore Bhd stock overvalued right now?
Based on GuruFocus' analysis, TAS Offshore Bhd (XKLS:5149) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.87, compared to a current price of RM0.44 — trading 49.4% below its estimated fair value. The current Accounts Receivable is RM17.5 Mil. TAS Offshore Bhd's overall GF Score™ is 60/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For TAS Offshore Bhd (XKLS:5149), the current Accounts Receivable is RM17.5 Mil as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is TAS Offshore Bhd (XKLS:5149) Overvalued in 2026?
Based on GuruFocus' analysis, TAS Offshore Bhd stock appears to be undervalued.
The current stock price of RM0.44 is trading 49.4% below its estimated GF Value™ of RM0.87.
GuruFocus considers TAS Offshore Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:5149:
Accounts Receivable: RM17.5 Mil
GF Value™: RM0.87 vs. price of RM0.44 (49.4% below fair value)
No single metric tells the full story. See the XKLS:5149 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TAS Offshore Bhd is an investment holding company engaged in shipbuilding and ship repairing activities across Malaysia, Singapore, and Indonesia. Its shipbuilding operations include constructing vessels such as tugboats, anchor handling tugs, anchor handling tug supply vessels, utility vessels, workboats, ferries, and cargo ships. The company also provides ship repair services, including routine maintenance, machinery inspection, repainting, and damage repair. Additionally, TAS Offshore offers vessel chartering services. It generates revenue through contracting shipbuilding, repair projects, and vessel leasing, serving clients in the marine and offshore industries.
60GF Score
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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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